According to a new survey, over 80% of those polled would be inspired to increase their physical activity if they were compensated in bitcoin for their efforts.
FitRated, a fitness website, polled 1,001 Americans to find out what they felt about blockchain-related fitness technologies.
According to the poll, 40% of respondents would be prepared to quit their existing physical gym membership in exchange for one in the Metaverse.
If bitcoin payments were encouraged, 81 percent of respondents would be more inclined to keep active.
Money alone would not be enough to drive individuals to go to the gym, according to research done by the National Bureau of Economic Research.
However, according to FitRated’s study, financial incentives based on blockchain technology could just do the trick, with 63 percent of respondents saying that fitness motivation is a “major advantage” of blockchain technology. Several move-to-earn initiatives are attempting to take advantage of this.
The idea of “gamification” was discovered to be the key reason why individuals may prefer blockchain-based financial incentives over traditional monetary incentives, with 83 percent of respondents like how blockchain-based fitness apps gamified physical activity.
Photo by Christine Sandu